Pelosi: Freezing Current Tax Rates for all Americans Doesn't "Create Jobs," it just "Adds to the Deficit."
With over 30 members of the House Democratic Caucus breaking ranks with their President and their Party to support the extension of the 2001 and 2003 tax cuts for Americans in all income brackets, Debbie Wasserman-Schultz faces a moment of truth: will she stay true to her roots and persist with her partisan economic policies that are fueled by envy and class-warfare, or will she join a growing number of her Democratic colleagues and admit that the tax-cutting policies of the prior administration were the right thing to do; policies that she has blamed and ridiculed at every opportunity?
Unfortunately, it is clear that Debbie Wasserman-Schultz and her self-proclaimed mentor, Nancy Pelosi, will not relent from their pursuit of reckless economic policies that have resulted in 16 consecutive months of unemployment above 9%, nearing an all-time record. Both the mentor and her pupil oppose extending tax cuts for all Americans because their concern is about growing government and paying off their constituency groups with their reckless spending binges; all at the expense of American taxpayers.
With all of the partisan rhetoric and political posturing surrounding the debate on tax cuts in Congress, this is what remains true: there are no real cuts to income tax rates that are currently being proposed by any Democrat in Congress. What is being debated is whether or not the 2001 and 2003 tax cuts should be allowed to expire or not. If Congress fails to act by the end of this year, those tax cuts will expire, and tax rates will increase for income brackets across the board; increases that will directly impact thousands of small businesses, which would all but end any chance of a near-term economic recovery.
"Debbie Wasserman-Schultz's record of divisive partisan rhetoric about taxes and the economy is undeniable, and she has a history of playing class-warfare card whenever it suits her politically," said Karen Harrington, Republican candidate for Congress challenging Debbie Wasserman Schultz in Florida's 20th District.
"There can be little doubt that Debbie Wasserman-Schultz opposes across-the-board tax cuts for all Americans, placing partisan politics before the people. We should be enacting policies that allow small businesses across the country to grow and create jobs instead of subjected them to higher taxes that will only further paralyze their ability to expand and create jobs. Debbie Wasserman-Schultz is directly responsible for creating a terrible business climate that confronts small businesses with the threat of higher taxes and more burdensome regulations-- all of which she has strongly supported. Given Debbie's complete lack of experience with running a business, creating jobs, or meeting a payroll, no one should wonder why she persists in her ignorance. After all, prolonging her political career always takes precedence over everything else including what is in the best interest of the American people and the citizens of Florida's 20th District," said Harrington.